ROTECH SUBSEA LIMITED

🌳Matureactive

SC451221 · ltd · incorporated 2013-05-30

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 9.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

£17.20M

year to Dec 2024

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: SIC 09100

Sector: Mining & quarrying

Investor take

Pursue

Strong opportunity: leverage-led grower with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 9.9y

80/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 9.9 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.
· Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

11 officers (7 active, 11 linked, 9 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

8 connected companies via shared directors

Filing history

51 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £1,408,099

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Turnover	£17.20M	—
Gross profit	£3.29M	—
Operating profit	£1.42M	—
Profit before tax	£1.41M	—
Average employees	4800	3800

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (36 events)Click to expand

2025-12-29
📄
accounts-with-accounts-type-full
accounts · AA
2024-09-30
📄
accounts-with-accounts-type-small
accounts · AA
2024-09-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-01
➕
STEWART, Kenneth Masson appointed
director
2024-03-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-03-15
➕
CARGILL, Kevin appointed
director
2023-09-29
📄
accounts-with-accounts-type-small
accounts · AA
2023-02-24
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2022-06-16
📄
accounts-with-accounts-type-small
accounts · AA
2021-06-29
📄
accounts-with-accounts-type-small
accounts · AA
2021-05-29
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2021-05-29
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2021-05-29
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2021-05-26
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-05-25
🔒
Charge registered #3
Lender: Bank of Scotland PLC
2020-03-27
📄
accounts-with-accounts-type-small
accounts · AA
2019-05-27
📄
change-person-director-company-with-change-date
officers · CH01
2019-03-27
📄
accounts-with-accounts-type-small
accounts · AA
2018-08-08
📄
change-person-director-company-with-change-date
officers · CH01
2018-07-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-07-20
➖
AITKEN, Steven George resigned
director
2016-09-08
➕
STRONACHS SECRETARIES LIMITED appointed
corporate-secretary
2016-09-08
➖
BELL, George Somerville resigned
secretary
2016-09-08
➖
BELL, George Somerville resigned
director
2016-09-08
➖
STEWART, Kenneth Roderick resigned
director
2016-06-24
➕
GRAHAM, Martin Henry appointed
director
2016-06-24
➕
HILL, Michael Colin appointed
director
2016-06-24
➕
STEWART, Donald appointed
director
2016-06-24
➕
AITKEN, Steven George appointed
director
2016-06-24
🔒
Charge registered #2
Lender: Kenneth Roderick Stewart (As Security Trustee)
2016-06-24
🔒
Charge registered #1
Lender: Kenneth Roderick Stewart (As Security Trustee)
2015-09-01
➕
COCHRANE, Stephen appointed
director
2013-05-30
🏢
Company incorporated
As ROTECH SUBSEA LIMITED
2013-05-30
➕
BELL, George Somerville appointed
secretary
2013-05-30
➕
BELL, George Somerville appointed
director
2013-05-30
➕
STEWART, Kenneth Roderick appointed
director

Owner dependency

56/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 58 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

45/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Rotech Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Rotech Holdings Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

ROTECH SUBSEA LIMITED

This company · SC451221

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Rotech Holdings Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Manufacturing · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GRAY & ADAMS LIMITED→ SC047482 · est 1970	£75.13M £58.44M–£91.83M	—	—	502	56y	87	71y
GRAY & ADAMS GROUP LIMITED→ SC230241 · est 2002	£53.82M £41.86M–£65.78M	—	—	0	24y	85	71y
GRAY & ADAMS (DUNFERMLINE) LIMITED→ SC082971 · est 1983	£17.07M £13.28M–£20.87M	—	—	106	43y	85	71y
GRAY & ADAMS (DONCASTER) LIMITED→ SC128013 · est 1990	£16.62M £12.93M–£20.32M	—	—	101	35y	87	71y
INTERWELL LIMITED→ SC391140 · est 2011	£10.98M £8.54M–£13.42M	£33.44M	—	7800	15y	91	60y
EBLAST LIMITED→ SC202165 · est 1999	£8.03M £6.24M–£9.81M	£11.11M	—	7400	26y	88	57y
DALES ENGINEERING SERVICES LIMITED→ SC107948 · est 1987	£6.22M £4.84M–£7.60M	£21.87M	—	11000	38y	93	70y
SUPERIOR ENERGY SERVICES LIMITED→ SC259694 · est 2003	£6.15M £4.78M–£7.51M	£1.45M	—	1500	22y	94	60y
IMENCO UK LIMITED→ SC372021 · est 2010	£5.97M £4.64M–£7.29M	£17.33M	—	11500	16y	95	71y
TGT OILFIELD SERVICES UK LIMITED→ SC427554 · est 2012	£2.26M £1.76M–£2.76M	£9.93M	—	3000	13y	84	61y
VECTOR SUPPLIES LIMITED→ SC103810 · est 1987	£1.63M £1.27M–£1.99M	—	—	16	39y	85	71y
DALES 2002 LIMITED→ SC234880 · est 2002	£1.27M £990.2k–£1.56M	—	—	0	23y	83	70y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2013-05-30

Jurisdictionscotland

Primary SIC09100 — SIC 09100

Registered office

Rotech House

Whitemyres Avenue

Aberdeen

AB16 6HQ

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-06-13

Last: 2025-05-30